FRAMINGHAM, MA-Boston Properties commits to moving ahead with its $40-million hotel and office complex off the Massachusetts Turnpike. But the company says that it will not begin development until the project is adequately pre-leased.

By Naomi Grossman|October 08, 2001 at 01:01 AM

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AEW Capital Management of Boston acquired the portfolio’s 28 Texas-based properties, while funds managed by The Blackstone Group of New York City purchased the portfolio’s 68 properties located in 10 high-growth markets across the United States.